Global 24V Starting Lithium Battery Market Growth 2025-2031
Description
The global 24V Starting Lithium Battery market size is predicted to grow from US$ 221 million in 2025 to US$ 349 million in 2031; it is expected to grow at a CAGR of 7.9% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
A 24V starting lithium battery is a rechargeable power source specifically designed to provide high current output for starting engines or heavy-duty equipment that operate on a 24-volt electrical system. Unlike traditional lead-acid starting batteries, lithium versions—typically based on LiFePO₄ (Lithium Iron Phosphate) or similar chemistries—offer faster cranking power, longer cycle life, light weight, and higher energy efficiency.
United States market for 24V Starting Lithium Battery is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for 24V Starting Lithium Battery is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for 24V Starting Lithium Battery is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key 24V Starting Lithium Battery players cover LG Energy, Samsung SDI, Camel Group, CATL, BYD, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “24V Starting Lithium Battery Industry Forecast” looks at past sales and reviews total world 24V Starting Lithium Battery sales in 2024, providing a comprehensive analysis by region and market sector of projected 24V Starting Lithium Battery sales for 2025 through 2031. With 24V Starting Lithium Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 24V Starting Lithium Battery industry.
This Insight Report provides a comprehensive analysis of the global 24V Starting Lithium Battery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on 24V Starting Lithium Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global 24V Starting Lithium Battery market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 24V Starting Lithium Battery and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global 24V Starting Lithium Battery.
This report presents a comprehensive overview, market shares, and growth opportunities of 24V Starting Lithium Battery market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
LiFePO₄
NCM/NCA
LiMn₂O₄
Segmentation by Application:
Commercial Vehicles
Passenger Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
LG Energy
Samsung SDI
Camel Group
CATL
BYD
Hangzhou Skyrich Power
LYBATT
Shenzhen Kamcy New Energy Products
Shenzhen Center POWER Tech
Clarios
Foton Motor
Key Questions Addressed in this Report
What is the 10-year outlook for the global 24V Starting Lithium Battery market?
What factors are driving 24V Starting Lithium Battery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do 24V Starting Lithium Battery market opportunities vary by end market size?
How does 24V Starting Lithium Battery break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
A 24V starting lithium battery is a rechargeable power source specifically designed to provide high current output for starting engines or heavy-duty equipment that operate on a 24-volt electrical system. Unlike traditional lead-acid starting batteries, lithium versions—typically based on LiFePO₄ (Lithium Iron Phosphate) or similar chemistries—offer faster cranking power, longer cycle life, light weight, and higher energy efficiency.
United States market for 24V Starting Lithium Battery is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for 24V Starting Lithium Battery is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for 24V Starting Lithium Battery is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key 24V Starting Lithium Battery players cover LG Energy, Samsung SDI, Camel Group, CATL, BYD, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “24V Starting Lithium Battery Industry Forecast” looks at past sales and reviews total world 24V Starting Lithium Battery sales in 2024, providing a comprehensive analysis by region and market sector of projected 24V Starting Lithium Battery sales for 2025 through 2031. With 24V Starting Lithium Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 24V Starting Lithium Battery industry.
This Insight Report provides a comprehensive analysis of the global 24V Starting Lithium Battery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on 24V Starting Lithium Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global 24V Starting Lithium Battery market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 24V Starting Lithium Battery and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global 24V Starting Lithium Battery.
This report presents a comprehensive overview, market shares, and growth opportunities of 24V Starting Lithium Battery market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
LiFePO₄
NCM/NCA
LiMn₂O₄
Segmentation by Application:
Commercial Vehicles
Passenger Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
LG Energy
Samsung SDI
Camel Group
CATL
BYD
Hangzhou Skyrich Power
LYBATT
Shenzhen Kamcy New Energy Products
Shenzhen Center POWER Tech
Clarios
Foton Motor
Key Questions Addressed in this Report
What is the 10-year outlook for the global 24V Starting Lithium Battery market?
What factors are driving 24V Starting Lithium Battery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do 24V Starting Lithium Battery market opportunities vary by end market size?
How does 24V Starting Lithium Battery break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
120 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for 24V Starting Lithium Battery by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for 24V Starting Lithium Battery by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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